Nifty Bank IndexLong
GO LONG ON BANKNIFTY
ACCORDING TO PRICE ACTION
TARGET 39500
WHEN FIB RETRACEMENT IS AT .618 IT WILL MOVE IT ITS 1.00 RATIO
WHICH MEANS BANK NIFTY IS AT VERY CRUCIAL PRICE AS IT IS A GOLDEN RATIO AT A HIGHER TIME FRAME.
SIMPLE CLASSIC BOOK EXAMPLE
BANKNIFTY
The level to watch out would be 61.8 per cent, which provided a strong support for the stock in the past.
The stock chart shows that it had bounced back from that in the past.
WE CAN ALSO LOOK AT SUPPORT ZONE AT WHICH BANK NIFTY IS TAKING SUPPORT IN PAST.
THIS IS FOR EDUCATION PURPOSE . TAKE TRADE ON YOUR OWN RISK
TARGET 39500
WHEN FIB RETRACEMENT IS AT .618 IT WILL MOVE IT ITS 1.00 RATIO
WHICH MEANS BANK NIFTY IS AT VERY CRUCIAL PRICE AS IT IS A GOLDEN RATIO AT A HIGHER TIME FRAME.
SIMPLE CLASSIC BOOK EXAMPLE
BANKNIFTYThe level to watch out would be 61.8 per cent, which provided a strong support for the stock in the past.
The stock chart shows that it had bounced back from that in the past.
WE CAN ALSO LOOK AT SUPPORT ZONE AT WHICH BANK NIFTY IS TAKING SUPPORT IN PAST.
THIS IS FOR EDUCATION PURPOSE . TAKE TRADE ON YOUR OWN RISK
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.